16-92 Grove Street, Ridgewood, NY, 11385
10 rooms
6 beds
2 Full baths
1915
Two Story
Welcome to a prime investment opportunity in Ridgewood! This property features two residential units and a commercial storefront housing a laundromat, generating a total monthly income of $9,500. Each residential unit offers three bedrooms and one bathroom, with the added convenience of two car garages. Spacious building size 20X62 with low property taxes of just $6,414 per year and tenants responsible for all utilities, the return on investment stands at an impressive 5.6%. Situated in a highly accessible location with easy transportation access, this property presents a rare chance for investors to secure steady returns in a thriving area. Don't miss out on this great opportunity!
Status:
Active
Type:
Multi-family
Units:
2
Garage:
Shared Driveway, None
Heating:
Natural Gas, Hot Water
Cooling:
None
Basement:
See Remarks
Acreage:
0.05
Est. Taxes:
$6,414
Construction
Brick
Lot Description:
Near Public Transit
Elementary School:
Ps 81 Jean Paul Richter
Middle School:
Is 77
High School:
Grover Cleveland High School
School District:
Community District 24
MLS #:
3536723
Community Info
School Info
Walk Score
Mass Transit
Yelp
Similar Properties
New or Coming Soon Properties
Listing courtesy of Skylux Realty Inc 718-500-2231